Category: Capital Market/Banking

Q3: Access Holdings Declares N3.4tri Gross Revenue
November 3, 2024 No Responses

Q3: Access Holdings Declares N3.4tri Gross Revenue

Access Holdings Plc has announced its unaudited results for the third quarter ended September 30, 2024.According to the foremost financial institution, gross revenue for the nine-month period rose by 114.5% year-on-year, climbing from ₦1.6 trillion in 2023 to ₦3.4 trillion...
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NDDC Partners Bank, Commissions Branch
November 1, 2024 No Responses

NDDC Partners Bank, Commissions Branch

The Niger Delta Development Commission (NDDC) is to sustain collaboration with financial institutions as part of efforts to accelerate economic growth and development in the Niger Delta region.Speaking during the commissioning of a Providus Bank branch at the ...
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CSCS Bags Capital Market Award
October 30, 2024 No Responses

CSCS Bags Capital Market Award

Central Securities Clearing System (CSCS) Plc, Nigeria’s premier capital market infrastructure, has been honoured for its outstanding contributions to the financial services industry.City Business News reports that CSCS received the prestigious Capital Marke...
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Access Bank Unveils ‘Power Of 100 Africa’ To Celebrate Women
October 29, 2024 No Responses

Access Bank Unveils ‘Power Of 100 Africa’ To Celebrate Women

Access Bank has announced the launch of The Power of 100 Africa initiative, aimed at honoring women driving change across various sectors in Africa. Building on the success of the 2015 Power of 100 book, which celebrated influential Nigerian women,...
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United Capital Emerges Biggest Winner At 2024 BAFI Award
October 29, 2024 No Responses

United Capital Emerges Biggest Winner At 2024 BAFI Award

United Capital Group dominated the 2024 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, securing five major awards and solidifying its position as a top-tier financial services powerhouse.  City Business News report that the  Pan-Af...
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FBNHoldings Opens N150b Rights Issue
October 28, 2024 No Responses

FBNHoldings Opens N150b Rights Issue

FBNHoldings Plc has opened its Rights Issue, offering 5.983 billion ordinary shares at 50k each, priced at N25 per share, totalling N150 billion, to existing shareholders.This offering by FBNHoldings is based on one new ordinary share for every six ordinary...
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Ecobank Nigeria Unveils AI, Digital Skills Training For Lagos Schools
October 28, 2024 No Responses

Ecobank Nigeria Unveils AI, Digital Skills Training For Lagos Schools

Ecobank Nigeria has partnered with Opolo Global to deliver training and empowerment to schools in Lagos as part of its annual Ecobank Day activities.This flagship social initiative, spearheaded by the Ecobank Foundation, encourages employees to give back to th...
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Ecobank Nigeria To Host Design, Build Expo
October 23, 2024 No Responses

Ecobank Nigeria To Host Design, Build Expo

Ecobank Nigeria is set to host its inaugural Design & Build Expo, aimed at highlighting the latest trends, innovations, and sustainable practices in architecture, construction, building materials, household appliances, engineering, and interior design. &nb...
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UBA Declares N525.3b Profit In Q3 2024
October 22, 2024 No Responses

UBA Declares N525.3b Profit In Q3 2024

For the month of third quarter ended September 2024, United Bank for Africa (UBA) Plc, recorded N525.31 billion Profit After Tax (PAT). The unaudited financial report filed with the Nigerian Exchange Ltd.(NGX) on Monday indicates 16.9 per cent increase, from.....
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NCMI Holds Compliance Summit on FATF
October 19, 2024 No Responses

NCMI Holds Compliance Summit on FATF

The Nigerian Capital Market Institute (NCMI), a subsidiary of the Securities and Exchange Commission (SEC) is holding a compliance summit for Chief Executive Officers and Compliance Officers on Financial Action Task Force and other related issues.The Summit wi...
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Leadway Assurance Blames Gtbank For Delayed Annuity Payment
October 19, 2024 No Responses

Leadway Assurance Blames Gtbank For Delayed Annuity Payment

Leadway Assurance has blamed delay in the payment of September 2024 annuity on transaction challenges at Gtbank.Some Gtbank account holders are yet to receive their payments for the Month of September 2024.Leadway Assurance in a notice sent to annuitants expla...
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AfDB Unveils $100m Investment Bank For Nigerian Youths
October 19, 2024 No Responses

AfDB Unveils $100m Investment Bank For Nigerian Youths

The African Development Bank (AfDB) has approved a Youth Entrepreneurship Investment Bank for Nigeria.  AfDB president, Akinwunmi Adesina disclosed this on Friday in Abuja while delivering a keynote address at the 90th Birthday Lecture of former Head...
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Access Bank, SaltinGStein Unveil Winbundle Airtime2Win
October 15, 2024 No Responses

Access Bank, SaltinGStein Unveil Winbundle Airtime2Win

Access Bank has partnered SaltinGTein to unveil Winbundle Airtime2Win on its digital platform to provide customers a chance to turn airtime purchase into a potential life-changing event.Winbundle Airtime2Win enables customers to purchase airtime via *901# and ...
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SEC DG: Capital Market Can Galvanise Funds To Finance Nigeria’s Infrastructural Deficit
October 13, 2024 No Responses

SEC DG: Capital Market Can Galvanise Funds To Finance Nigeria’s Infrastructural Deficit

The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has described the capital market as being grossly undersold in helping to finance the homogous infrastructure deficit in the domestic economy.Dr. Agama said considering ...
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